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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 538 · 40 questions
TalentJR

Business tip (Save, grow, borrow carefully): Saving keeps money for later; reinvesting puts profit back into the business; spending uses it on yourself. Part of the profit = profit × percent ÷ 100. Simple interest = P × R × T ÷ 100; amount to pay back = loan + interest. Borrow only with your parents.

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  1. 1.Riya’s stall made a profit of ₹1600. Riya saves 20% of it. How many rupees are saved?
  2. 2.A small family shop borrows ₹900 from a bank at 4% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  3. 3.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  4. 4.Farhan’s stall made a profit of ₹500. Farhan saves 20% of it. How many rupees are saved?
  5. 5.Which of these is reinvesting in the business? (a) buying a second juicer (b) an emergency fund (c) a new video game (d) a piggy bank for later
  6. 6.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  7. 7.Nisha’s stall made a profit of ₹1600. Nisha saves 10% of it. How many rupees are saved?
  8. 8.Diya’s stall made a profit of ₹200. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  9. 9.Kavya’s stall made a profit of ₹800. Kavya saves 10% of it. How many rupees are saved?
  10. 10.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  11. 11.🐷 Saving, reinvesting or spending: sweets for yourself? (a) reinvesting (b) spending (c) saving
  12. 12.Kavya’s stall made a profit of ₹1600. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  13. 13.Aarav’s stall made a profit of ₹200. 10% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  14. 14.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  15. 15.💡 Before borrowing, what should you ask? (a) what is the logo? (b) can I pay it back? (c) how fast can I spend? (d) nothing
  16. 16.🐷 Saving, reinvesting or spending: better paint for cards? (a) spending (b) saving (c) reinvesting
  17. 17.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) a discount (d) free money
  18. 18.🔁 Reinvesting means… (a) hiding it (b) giving it away (c) putting profit back in (d) spending it on games
  19. 19.Meera’s stall made a profit of ₹1200. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  20. 20.👪 A teen wants to borrow for a business idea. First step? (a) talk to parents (b) ask strangers (c) borrow online alone (d) take it secretly
  21. 21.Which of these is spending on yourself? (a) better paint for cards (b) a cinema ticket (c) a piggy bank for later (d) profit put in a bank
  22. 22.A small family shop borrows ₹100 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  23. 23.A small family shop borrows ₹500 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  24. 24.Saanvi’s stall made a profit of ₹400. Saanvi saves 50% of it. How many rupees are saved?
  25. 25.📆 Why repay a loan on time? (a) it does not matter (b) to keep trust (c) to lose friends (d) to pay more interest
  26. 26.Which of these is spending on yourself? (a) profit put in a bank (b) a new video game (c) a piggy bank for later (d) an emergency fund
  27. 27.🐷 Saving, reinvesting or spending: an emergency fund? (a) saving (b) spending (c) reinvesting
  28. 28.Which of these is saving? (a) an emergency fund (b) a cinema ticket (c) buying a second juicer (d) a new video game
  29. 29.🐷 Saving, reinvesting or spending: buying a second juicer? (a) spending (b) saving (c) reinvesting
  30. 30.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 3 years (in ₹)?
  31. 31.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  32. 32.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  33. 33.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) saving (b) reinvesting (c) spending
  34. 34.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 1 year (in ₹)?
  35. 35.A small family shop borrows ₹600 from a bank at 2% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  36. 36.Which of these is saving? (a) a new video game (b) sweets for yourself (c) better paint for cards (d) profit put in a bank
  37. 37.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  38. 38.A small family shop borrows ₹200 from a bank at 3% simple interest per year. How much interest is due after 3 years (in ₹)?
  39. 39.A small family shop borrows ₹200 from a bank at 10% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.🐷 Saving, reinvesting or spending: profit put in a bank? (a) spending (b) saving (c) reinvesting

Answer key

  1. 320
  2. 972
  3. spending
  4. 100
  5. buying a second juicer
  6. 127
  7. 160
  8. 100
  9. 80
  10. 36
  11. spending
  12. 480
  13. 140
  14. 8
  15. can I pay it back?
  16. reinvesting
  17. the cost of borrowing
  18. putting profit back in
  19. 240
  20. talk to parents
  21. a cinema ticket
  22. 109
  23. 120
  24. 200
  25. to keep trust
  26. a new video game
  27. saving
  28. an emergency fund
  29. reinvesting
  30. 60
  31. 864
  32. 36
  33. saving
  34. 6
  35. 636
  36. profit put in a bank
  37. 720
  38. 18
  39. 20
  40. saving

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